Common use of REMEDIES & DAMAGES Clause in Contracts

REMEDIES & DAMAGES. 1. The parties agree that, in the event of a material breach or threatened material breach of Paragraphs K and/or L hereof, the damage or imminent damage to the value of Company's business shall be impractical and/or impossible to estimate or ascertain, and therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that Company shall be entitled to the immediate issuance of a restraining order or an injunction against Executive in the event of such breach or threatened breach, in addition to any other relief available to Company pursuant to this Agreement or under law.

Appears in 10 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

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REMEDIES & DAMAGES. 1. The parties agree that, in the event of a material breach or threatened material breach of Paragraphs K and/or Paragraph L hereof, the damage or imminent damage to the value of Company's business shall be impractical and/or impossible to estimate or ascertaininestimable, and therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that Company shall be entitled to the immediate issuance of a restraining order or an injunction against Executive in the event of such breach or threatened breach, in addition to any other relief available to Company pursuant to this Agreement or under law.

Appears in 5 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

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REMEDIES & DAMAGES. 1. The parties agree that, in the event of a material breach or threatened material breach of Paragraphs K and/or L hereof, the damage or imminent damage to the value of Company's ’s business shall be impractical and/or impossible to estimate or ascertain, and therefore any remedy at law or in damages shall be inadequate. Accordingly, the parties hereto agree that Company shall be entitled to the immediate issuance of a restraining order or an injunction against Executive in the event of such breach or threatened breach, in addition to any other relief available to Company pursuant to this Agreement or under law.

Appears in 3 contracts

Samples: Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/), Corporate Executive Employment Agreement (Abm Industries Inc /De/)

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